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22 McIvor Road, St Albans, Vic 3021 For Sale
22 McIvor Road, St Albans, Vic 3021 22 McIvor Road, St Albans, Vic 3021-Image 22 McIvor Road, St Albans, Vic 3021-Image 22 McIvor Road, St Albans, Vic 3021-Image 22 McIvor Road, St Albans, Vic 3021-Image 22 McIvor Road, St Albans, Vic 3021-Floorplan

22 McIvor Road, St Albans, Vic 3021

$1,500,000 - $1,650,000

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings
915 m²
Area

Last updated on Friday, September 11, 2026 ( See property details for 22 McIvor Road, St Albans, Vic 3021)

$1,500,000 - $1,650,000

Auction Saturday 3 October at 11:00 am | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development opportunity on a corner site in St Albans with existing rental income and significant future potential.

🏡 Property Highlights

  • Prime corner allotment on a prominent street in St Albans
  • Zoned Residential Growth Zone with redevelopment potential (STCA)
  • Existing income stream from four separate units
  • Strategic location near Alfrieda Street shopping precinct
  • Ideal for developers and investors seeking future growth
  • Four two-bedroom, one-bathroom units with car parking

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Secure Parking
  • Outdoor Area
  • Waterfront / Views
  • Fully fenced
  • Pet-Friendly
  • Open-Plan Living
  • Water tank
  • Balcony

St Albans is a vibrant suburb renowned for its diverse community, excellent shopping and dining options, and strong growth prospects. Its strategic location offers easy access to transport links, schools, and amenities, making it highly desirable for both residents and investors. The area’s ongoing development and infrastructure improvements ensure long-term value appreciation. With a lively local atmosphere and proximity to major employment hubs, St Albans continues to attract a wide range of buyers and tenants.

What is the current condition of the existing units?
The units are well-maintained and currently leased, providing a steady income stream while plans for future redevelopment are considered.
What are the zoning regulations and redevelopment possibilities?
The property is zoned Residential Growth Zone, offering scope for future redevelopment subject to council approval (STCA).
Are there any planning permits or approvals in place?
No permits are currently in place; prospective buyers should conduct their own due diligence regarding planning and development approvals.
What is the rental income generated from the units?
The current rental income provides a reliable cash flow, supporting investment objectives while exploring future development options.
Are there any nearby development projects or planning activities?
The property’s location near Alfrieda Street shopping precinct is highly sought after, with ongoing infrastructure and development activities in the area.
Are there any existing easements, covenants, or zoning restrictions that could affect redevelopment plans? What are the potential costs associated with future development or subdivision? Are there any known issues with the property, such as structural defects or pest infestations? Has the property been affected by flooding or bushfire risks in the area? Are there any upcoming council or community planning initiatives that could impact the property’s value or use?

22 McIvor Road, St Albans, Vic 3021 - More Details

$1,500,000 - $1,650,000

Positioned on a prominent corner allotment right on the doorstep of the vibrant Alfrieda Street shopping precinct, this is the kind of St Albans opportunity developers and investors rarely get the chance to secure. Zoned Residential Growth Zone and offering exciting scope for future redevelopment (STCA), the property combines a highly strategic location with the advantage of an existing income stream. Currently occupying the site are four separate units, each comprising two bedrooms, one bathroom and one car space, providing the potential to generate rental income while plans, permits or a future development strategy are explored. For developers, the corner position, growth zoning and immediate proximity to one of St Alban's busiest shopping and activity precincts create a compelling foundation for the next project. For investors, four existing residences offer multiple income streams with the added benefit of significant long term land potential. Purchase, collect the rent and plan your next move – this is an opportunity where today's income could help pave the way for tomorrow's development.
Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4
Area
915 m²

Price guide

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Auctions

  • 22 McIvor Road, St Albans, Vic 3021

    Saturday 3 October
    11:00 am
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